A. The property is created by the combination of capital and labour
B. The capital is the major factor for the determination of the property
C. The property is acquired through the application of labour
D. None of the above
Related Mcqs:
- The Labour theory of property was first of all advocated by:
A. John Locke
B. Adam Smith
C. Karl Marx
D. Lenin - The labour theory of property holds that:
A. Property should belong to labours alone
B. Property was created as result of mixing of labour
C. Property should be equitably distributed amongst the lobourers
D. A person who does not put in Physical labour should not be give anything to eat - The Labour theory of property made its appearance in:__________?
A. The ancient times
B. The medieval age
C. The modern time
D. The 20th century - First time Labour Party formed government in 1924 at that time the Leader of the Labour Party was:_____________?
A. Ramsay Mcdonld
B. Earl of Derby
C. J.H. Wilson
D. None of them - The labour theory of value which formed one of the feature of theory of development offered by Racardo was: ____________?
A. His original idea
B. Borrowed from Adam Smith
C. Borrowed from Marx
D. None of the above - According to the ‘occupational theory of property’ the property made its appearance only:
A. With the emergence of various occupations
B. With the growth of capitalist economy
C. After man occupied a piece of land for his exclusive use
D. With the dawn of the industrial age - “That with which a man has mixed his labour becomes his property”. The above statement was made by:
A. Rousseau
B. Karl Marx
C. Locke
D. Hobbes - “Property is essential for the development of character, for without some property there can be no liberty, and without liberty there can be no proper development of character”. The above statement was made by:_______________?
A. Bentham
B. Aristotle
C. Bosanquet
D. T.H. Green - Who asserted that justice implies allotment of functions to a person in accordance with his ability and training?
A. Barker
B. Plato
C. Aristotle
D. None of the above - National Liberty implies:
A. All citizens residing in a state must be granted liberty
B. The country is independent and sovereign
C. Both (a) and (b)
D. None of the above
